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Alfa Access Renova (AAR) and BP own TNK-BP on an equal footing. Sources say the partners are in talks with Rosneft to sell their stakes to the state-owned oil firm: AAR is said to have reached a preliminary agreement to sell its 50 percent of TNK-BP to Rosneft for $28 billion, and BP to be close to selling its stake for $25 billion cash plus shares in Rosneft. In other words Rosneft might buy 100 percent of TNK-BP, but it is also possible that BP will remain in TNK-BP in partnership with Rosneft.